Wednesday, November 12, 2014

A.I.D. at High Tide















I believe that we are witnessing The American Imperial Debacle at high tide. What it feels like to be an American citizen today is probably much like what it felt to be a British citizen in the late 19th century: looking forward to more of the same with no end in sight. But by the mid-point of the following century, the Empire was in tatters. Wars, economic depression, and revolutions weakened the British crown's hold on world hegemony. I fear that we, too, are in for much of the same.

As the Chinese economy undergoes a correction, watch the house of cards come down.